Nomahambi Capentry
| Business Location: | Township |
| Province | KwaZulu-Natal |
| Branch: | uMgungundlovu |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Carpentry and Furniture Manufacturing
Challenges/Needs:
• Limited access to machinery and equipment, leading to missed opportunities on bigger contracts.
• Lack of transport (bakkie) to support delivery and contract execution.
• Access to funding and working capital to expand capacity.
• Difficulty in penetrating formal markets without adequate branding and visibility
Intervention Insights and Results
Intervention Details:
• Provided Business Advisory Services to strengthen financial management and market positioning.
• Referred the business to NYDA, where it successfully secured R39,750 funding to procure machinery.
• Delivered Funding Readiness Training to prepare the client for future funding opportunities.
• Currently assisting the client with a TREP funding application to acquire additional machinery and a bakkie to expand operations.
• Referred the business to NYDA, where it successfully secured R39,750 funding to procure machinery.
• Delivered Funding Readiness Training to prepare the client for future funding opportunities.
• Currently assisting the client with a TREP funding application to acquire additional machinery and a bakkie to expand operations.
Outcome Details:
• The NYDA funding of R39 750 enabled the purchase of machinery, allowing the business to start taking on more orders.
• Increased production capacity positioned the business to meet growing customer demand, especially during peak festive seasons.
• The business was able to hire additional staff, creating employment opportunities.
• The business is now better prepared for funding opportunities through improved financial management and funding readiness training.
• Positioned for expansion through the pending TREP funding application, which will enable larger contracts and access to broader markets.
• Increased production capacity positioned the business to meet growing customer demand, especially during peak festive seasons.
• The business was able to hire additional staff, creating employment opportunities.
• The business is now better prepared for funding opportunities through improved financial management and funding readiness training.
• Positioned for expansion through the pending TREP funding application, which will enable larger contracts and access to broader markets.
Client Feedback
Client Comments:
As a young woman in business, I appreciate the advice I have been receiving from SEDFA.
